The Monkey Cage addresses the broader point (or lack thereof) of Mitt Romney’s claim that we have less naval ships than in 1916.
In 1916, the US controlled roughly 11% of the world’s naval power. This is an impressive number that ranks the US third in naval strength behind the UK (34%) and Germany (19%), and just ahead of France (10%). What about the US navy in 2011? In 2011, the US controlled roughly 50% of the world’s naval power putting it in a comfortable lead in naval power ahead of Russia (11%).
The US Navy has decreased in absolute size as Governor Romney argues (although this decline has been ongoing since the end of Cold War). U.S. warships are more powerful now than in the past, as President Obama implied. However, neither the number of warships nor the power of our ships is what is most important for understanding military and political influence. It is relative military power that matters most. In this respect, the U.S. navy is far stronger now than in 1916.